DOCSLIB.ORG

Transnational NGO Initiative Annual Report 2014-2015

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Transnational NGO Initiative Annual Report 2014-2015 Transnational NGO Initiative Annual report, 2014-15 The Transnational NGO Initiative Transnational non-governmental organizations (TNGOs) profoundly shape global affairs. The TNGO Initiative advances the understanding of these actors through research, education, and practitioner engagement. It focuses foremost on the governance, leadership and effectiveness of transnational NGOs. The program grew out of National Science Foundation Grant No. SES- 0527679 (Transnational NGOs as Agents of Change: Toward Understanding Their Governance, Leadership, and Effectiveness), an interview study of 152 US-based TNGO leaders conducted between 2005 and 2008. The research component of the TNGO Initiative focuses on governance, leadership and effectiveness challenges of transnationally operating NGOs. Other research areas include the role of rights-based approaches in development, the role of non-state actors in global health and the emergence of digital NGO platforms as a competitor to as well as collaborator with ‘brick and mortar’ NGOs.. The practitioner engagement component encompasses the Moynihan Fellowship program and the Syracuse based Transnational NGO Leadership Institute as well as customized senior leadership development programs for specific NGOs. It also includes extensive work with big TNGOs to document, learn from and review the leadership and management of their organizational change processes. Our educational efforts include a Certificate of Advanced Studies in Civil Society Organizations, hosting the TNGO (Graduate) Student Group, as well as Public Administration 'capstone' projects with TNGOs, and related student research practicum opportunities. Activities, 2014-2015 The activities of the TNGO Initiative are organized along the three main areas, research, education, and practitioner engagement. Since September 2014, we have focused our research on digital NGO platforms: their Theories of Change, strategies and tactics, organizational models and leadership styles and how these compare and contrast with those of ‘brick and mortar’ NGOs. 1 Research. The TNGO Initiative has produced significant research output in well-respected journals, maintains a regular presence at major academic and practitioner conferences, and has initiated new research efforts on virtual NGO platforms as well as leadership training. Updated publications and conference presentations Refereed journal articles and book chapters • Persistent Power of Human Rights. From Commitment to Compliance, edited by Thomas Risse, Stephen Ropp and Kathryn Sikkink, Cambridge: Cambridge UP, 203-21. Reports and short pieces • Bruno-van Vijfeijken, Tosca, Steve Lux and Shreeya Neupane. 2015. External Review: Amnesty International Global Transition Programme. Selected conference presentations 2014 Association for Research on Non-profit Organizations and Voluntary Associations (ARNOVA), Hartford, ‘Leading and Managing Organizational Change in big NGOs’ (Tosca Bruno- van Vijfeijken) 2015 International Studies Association (ISA), Toronto, ‘Rights-Based Approaches to Development: Implications for Public Administration?,’ (George E. Mitchell/Hans Peter Schmitz) New Research and fundraising efforts In 2013, the TNGO Initiative won a Faculty Challenge grant from the Moynihan Institute to undertake a small, exploratory study on the strategies, tactics, organizational attributes and leadership of digitally enabled NGOs. This study examines digital, internet-based organizing platforms and organizations such as Change.org, Avaaz, ONE, Ushahidi, Kiva, Watsi and others. Questions include: How do virtual platforms compare and contrast with traditional, ‘brick and mortar’ NGOs? Do they provide lessons for these traditional NGOs? How should collaboration between these two types of civil society organizations be undertaken? As part of this research, the TNGO Initiative organized an event titled “Breaking Digital” on April 2, 2015. During the event, NGO leaders across the spectrum as well as academics were 2 presented with a real world scenario and were asked to compare their Theories of Change, goals, strategies and tactics, organizational as well as leadership characteristics in an exciting debate. The debate led to a lively discussion on the comparative advantages, strength and weaknesses of various forms of civil society across the spectrum, where they collaborate and, to some extent, where they compete. The debate and the way in which our networks of contacts with relevant leaders and scholars was expanded have informed our next steps in this research, which will lead to an interview study with leaders in 2015-16. We continue working on our applied research project on the ‘next and best leadership development practices’ in the TNGO sector in collaboration with the Center for Creative Leadership (CCL). This research attempts to investigate what major TNGOs have found to be the most promising leadership development practices and what can they learn from each other in that regard. To this date we have interviewed approx. twenty senior management and human resources leaders from eight organizations including ActionAid International, Amnesty International, World Vision, Medicine Sans Frontiers, Oxfam International, and Plan International among others. Education. The TNGO Initiative provided a broad array of courses and other learning opportunities to students at the Maxwell School and Syracuse University. Graduate level. Tosca Bruno-van Vijfeijken taught a graduate course titled Global Governance and Civil Society in the fall semester 2014. The TNGO team administered the Certificate of Advanced Study on Civil Society Organizations which draws 8-10 students annually. Tosca acted as faculty advisor for Public Administration workshops (in collaboration with World Vision International and Amazon Conservation Association as NGO clients). She also regularly offered internship and career advice to students interested in the TNGO sector. In addition, we hosted high-profile speakers throughout 2014-15, including: • Professor Dave Karpf, George Washington University • Janet Lord, Director, International Programs, Burton Blatt Institute on Disability Policy, Law and Rights, Syracuse University • Sophie Delaunay, Executive Director, Médecins Sans Frontières (MSF) U.S.A (March 2015) In addition, we hosted two Moynihan TNGO Fellows for a period of two weeks -- Richard Marshall, Senior Director for People and Culture, World Vision International and Josephine Oguta, Regional Governance Advisor for East and West Africa, also at World Vision (February 2015). Seven graduate students had the opportunity to complete research for these visiting Fellows on the shifting characteristics of top leaders that NGO recruiters should keep in mind, 3 as well as on the profile of the future board chair, respectively. The Fellows also offered several talks to faculty and students focused on CEO derailment factors as well board governance. Upon his return to World Vision, Marshall also wrote a short reflection piece on the five key characteristics essential to CEOs of the future. We also continue to expand our series of brief conversational web interviews with visiting scholars and practitioners to educate students and faculty about issues in the world of civil society research and practice. This has proven to be a useful teaching tool for many Maxwell courses. The interview series can be found at: http://www.maxwell.syr.edu/moynihan/tngo/interview_series/Interview_Series/ Practitioner engagement. The TNGO Leadership Institute represents the flagship of our practitioner engagement efforts. This has spun off an interest among some major TNGOs to have us design and offer in-house, customized senior leadership development programs in their organizations. In March 2015, we offered, for the first time, a customized leadership development training program to senior leaders from Population Council. We also offered for the second time a senior leadership development program with ActionAid International, Amnesty, and Greenpeace The TNGO Initiative was also involved in efforts to capture learning about organizational change among larger development and humanitarian organizations. Steve Lux, Director of Maxwell’s Executive Education Program and Shreeya Neupane, Program Associate at Executive Education Program and the TNGO Initiative and Tosca conducted an external review of Amnesty International’s Global Transition Programme. The resulting external review, which accompanied Amnesty’s internal mid-term assessment, included specific feedback on the current change management and leadership process and how lessons learned might be adopted moving forward. We also continued our collaboration with CARE International to document their ongoing change process. We continue to facilitate an informal learning group among TNGO change leaders and change managers. The TNGO Leadership Institute In 2011, the TNGO Initiative launched a major new annual leadership preparation program for practitioners. It is targeted at second tier NGO staff members who wish to prepare for top leadership positions. This one-week executive leadership program is designed to respond to a need for greater attention to leadership transition and succession issues in the international nonprofit sector. Our regular interactions with practitioners have shown that leaders working at the second tier are much less networked than top leaders; they are rarely considered for top positions, and are not well prepared to take the ‘leadership leap’ to the top level. The Institute addressed
Load more

Recommended publications
  • East Africa Crowdfunding Landscape Study
    REPORT | OCTOBER 2016 East Africa Crowdfunding Landscape Study REDUCING POVERTY THROUGH FINANCIAL SECTOR DEVELOPMENT Seven Things We Learned 1 2 3 4 East African East Africa’s Crowdfunding There’s appetite to crowdfunding platforms report risks and the do business and to markets are on promising regulatory learn more from the move. progress. environment. across East Africa. Crowdfunding platforms Since 2012 M-Changa In Kenya, for example, Over 65 participants at- (donation, rewards, debt has raised $900,000 Section 12A of the Capi- tended the Indaba & and equity) raised $37.2 through 46,000 tal Markets Act provides a Marketplace from all cor- million in 2015 in Kenya, donations to 6,129 safe space for innovations ners of the East African Rwanda, Tanzania and fundraisers. Pesa Zetu to grow before being sub- market. Uganda. By the end of Q1 and LelaFund are also ject to the full regulatory 2016, this figure reached opening access to their regime. $17.8 million – a 170% deals on the platform. year-on-year increase. 5 6 7 East Africa’s MSMEs ex- There are both commercial Global crowdfunding press a demand for alterna- and development oppor- markets are growing tive finance, but they’re not tunities for crowdfunding fast but also evolving. always investment-ready or platforms in East Africa. Finance raised by crowdfunding able to locate financiers. Crowdfunding platforms have the platforms worldwide increased from 45% of Kenyan start-ups sampled re- potential to mobilise and allocate $2.7 billion in 2012 to an estimated quire between $10,000 and $50,000 capital more cheaply and quickly $34 billion in 2015.
    [Show full text]
  • Kiva Innovating in the Field of Education by Microlending to Students Around the World
    Kiva Innovating in the Field of Education by Microlending To Students Around the World Join the Global Movement for Women’s Empowerment and Education by Directing a $25 Loan for Free at Kiva.org/women More Kiva Education Stories, September 2012: Back to School: 6th grade teacher Kristen Goggin brings Kiva into the classroom Back to School: Campolindo Cougars have Kiva spirit! Kiva goes back to school with education loans around the world New Field Partner: Colfuturo makes graduate school possible for Colombia's future leaders New Field Partner: CampoAlto brings vocational training to Colombia's marginalized students New Field Partner: Building a new generation of leaders with African Leadership Academy Media Contact: Jason Riggs, [email protected] August 15, 2012 -- While those in the developed world live in the age of the information revolution, millions of the world’s poor are still unable to receive even a basic education. It’s estimated that a billion people entered this century unable to read a book or sign their own name. Access to education sits at the crux of poverty and economic development. With a more educated population we nourish a more robust and dynamic workforce, stronger civic engagement and home-grown innovations solving regional problems. Without access to education, progress comes to a stand still. Not surprisingly the countries with the most out- of-school children are also are some of the world’s poorest. Outside the United States, student loans are rare. For too many young people, no matter how bright and gifted they may be, access to higher education can be near impossible without the necessary financial resources.
    [Show full text]
  • Trends in Global Higher Education: Tracking an Academic Revolution a Report Prepared for the UNESCO 2009 World Conference on Higher Education Philip G
    Trends in Global Higher Education: Tracking an Academic Revolution A Report Prepared for the UNESCO 2009 World Conference on Higher Education Philip G. Altbach Liz Reisberg Laura E. Rumbley Published with support from SIDA/SAREC trend_final-rep_noApp.qxd 18/06/2009 12:21 Page 1 Trends in Global Higher Education: Tracking an Academic Revolution A Report Prepared for the UNESCO 2009 World Conference on Higher Education Philip G. Altbach Liz Reisberg Laura E. Rumbley trend_final-rep_noApp.qxd 18/06/2009 12:21 Page 2 The editors and authors are responsible for the choice and presentation of the facts contained in this document and for the opinions expressed therein, which are not necessarily those of UNESCO and do not commit the Organization. The designations employed and the presentation of the material throughout this document do not imply the expression of any opinion whatsoever on the part of UNESCO concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. Published in 2009 by the United Nations Educational, Scientific and Cultural Organization 7, place de Fontenoy, 75352 Paris 07 SP Set and printed in the workshops of UNESCO Graphic design - www.barbara-brink.com Cover photos © UNESCO/A. Abbe © UNESCO/M. Loncarevic © UNESCO/V. M. C. Victoria ED.2009/Conf.402/inf.5 © UNESCO 2009 Printed in France trend_final-rep_noApp.qxd 18/06/2009 12:21 Page i Table of Contents Table of Contents Executive Summary iii Preface xxiii Abbreviations xxvi 1. Introduction 1 2. Globalization and Internationalization 23 3.
    [Show full text]
  • Minneapolis Intelligent Operations Platform Mission Control Focus Manage Event Horizon Normal Planned Events
    Minneapolis Intelligent Operations Platform Mission Control Focus Manage Event Horizon Normal Planned Events Predicted Events Better coordinate city operations to gain efficiencies Deal more effectively with special events Improve handling of Day-to-Day emergencies Operations Unplanned Events 11 “Working” Functional Concept • Pattern mining and Correlations • Capacity analysis • Clustering analysis • Resource optimization • Streaming, Sequence Analysis • Planning & Impact analysis • Simulation analysis • Institutional Knowledge capturing • Effectiveness metrics modeling • Learning & classification • Statistical analysis and reporting • Trend analysis 12 Customer Perspectives Residents / visitors Elected Officials Department leaders and employees Business view – Enterprise versus specific need(s) Geographic focus – City-wide versus specific geography (ward, precinct, etc.) Data visualized – map versus time Emphasizes value in having a product with generic, and thus, wide-spread application 13 Turning data into decisions Philosophy: Data → Information → Knowledge Largely focused on Rear-view Macro-geography with some exceptions One dimensional (based on data from one department) Current City data-driven efforts Police Code4 Results Minneapolis Intelligent Operations Platform (IOP) 14 Current approach Measure / monitor Adjust Apply best intervention guess as necessary intervention Measure / monitor 15 What we get today Tot al Number of Fires 2.500 2,194 2.068 1,859 1\IINNEAPOLIS POLICE DEPARTMENT . 2.000 1,17~ 1.808 Vmlent Cnnu• Hot Spots m 2012 1.489 1,500 1,401 1,37) 1,348 1.347 1.2SO 1.200 age- adj usted death rate 1,000 per 1000 pooplo • S68 ._ 0 '-r- L 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 201J 201J 2014 T>rget thru Ql r.raet Sourc~.
    [Show full text]
  • Access to Capital Directory
    State of Nevada Department of Business and Industry Access to Capital Resource Directory Page | 1 GRANTS Government grants are funded by your tax dollars and, therefore, require very stringent compliance and reporting measures to ensure the money is well spent. Grants from the Federal government are authorized and appropriated through bills passed by Congress and signed by the President. The grant authority varies widely among agencies. Some business grants are available through state and local programs, nonprofit organizations and other groups. These grants are not necessarily free money, and usually require the recipient to match funds or combine the grant with other forms of financing such as a loan. The amount of the grant money available varies with each business and each grantor. Below are some resources to grant searches and specific grant opportunities: Program/Sponsor Product Details Contact Information There is a loan/grant search tool (Access Business.usa.gov Financing Wizard). Mostly loans here but Support Center some grant possibilities. SBA has authority to make grants to non- For Clark County Only – profit and educational organizations in Phone: 702-388-6611 many of its counseling and training Email: Roy Brady at SBA-Government programs, but does not have authority to [email protected] Grant Resources make grants to small businesses. Click on the 'Program/Sponsor" link for articles on Outside of Clark County – government grant facts and research Phone: 775-827-4923 Email: [email protected] grants for small businesses. Grant program assistance is provided in many ways, including direct or guaranteed loans, grants, technical assistance, Nevada USDA service centers by USDA Rural research and educational materials.
    [Show full text]
  • Understanding and Promoting Micro-Finance Activities in Kiva.Org
    Understanding and Promoting Micro-Finance Activities in Kiva.org Jaegul Choo Changhyun Lee Daniel Lee Georgia Institute of Georgia Institute of Georgia Tech Research Technology Technology Institute [email protected] [email protected] [email protected] Hongyuan Zha Haesun Park Georgia Institute of Georgia Institute of Technology Technology [email protected] [email protected] ABSTRACT Non-profit Micro-finance organizations provide loaning op- portunities to eradicate poverty by financially equipping im- poverished, yet skilled entrepreneurs who are in desperate need of an institution that lends to those who have little. Kiva.org, a widely-used crowd-funded micro-financial ser- vice, provides researchers with an extensive amount of pub- licly available data containing a rich set of heterogeneous information regarding micro-financial transactions. Our ob- jective in this paper is to identify the key factors that en- courage people to make micro-financing donations, and ulti- mately, to keep them actively involved. In our contribution to further promote a healthy micro-finance ecosystem, we detail our personalized loan recommendation system which we formulate as a supervised learning problem where we try Figure 1: An overview of how Kiva works. 1. A borrower to predict how likely a given lender will fund a new loan. requests a loan to a (field) partner, and a loan is disbursed. We construct the features for each data item by utilizing 2. The partner uploads a loan request to Kiva, and lenders the available connectivity relationships in order to integrate fund the loan. 3. The borrower makes repayments through all the available Kiva data sources.
    [Show full text]
  • Kiva User Funds, Llc Financial Statements As of May 31, 2012
    KIVA USER FUNDS, LLC FINANCIAL STATEMENTS AS OF MAY 31, 2012 KIVA USER FUNDS, LLC CONTENTS May 31, 2012 Page INDEPENDENT AUDITOR’S REPORT 1 FINANCIAL STATEMENT Balance Sheet 2 Notes to Financial Statement 3 - 12 INDEPENDENT AUDITOR’S REPORT To the Board of Directors Kiva User Funds, LLC San Francisco, California We have audited the accompanying balance sheet of Kiva User Funds, LLC (“KUF”) as of May 31, 2012. This financial statement is the responsibility of KUF's management. Our responsibility is to express an opinion on this financial statement based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provide a reasonable basis for our opinion. In our opinion, the balance sheet referred to above presents fairly, in all material respects, the financial position of Kiva User Funds, LLC as of May 31, 2012, in conformity with accounting principles generally accepted in the United States of America. SingerLewak LLP San Jose, California October 26, 2012 KIVA USER FUNDS, LLC BALANCE SHEET AS OF May 31, 2012 ASSETS Cash $ 41,134,798 Accounts receivable from users 33,846 Loans receivable 35,483,885 Total assets$ 76,652,529 LIABILITIES Accounts payable to lenders$ 96,362 Due to Kiva Microfunds 700,120 Unsettled loan transactions 45,004,947 Funds held on behalf of users 27,450,915 Unredeemed Kiva Cards 3,400,185 Total liabilities$ 76,652,529 The accompanying notes are an integral part of this financial statement.
    [Show full text]
  • Field Guide to Software for Nonprofit Immigration Advocates, Organizers, and Service Providers
    THE FIELD GUIDE TO SOFTWARE FOR NONPROFIT IMMIGRATION ADVOCATES, ORGANIZERS, AND SERVICE PROVIDERS By the Immigration Advocates Network and Idealware THE FIELD GUIDE TO SOFTWARE FOR NONPROFIT IMMIGRATION ADVOCATES, ORGANIZERS, AND SERVICE PROVIDERS By the Immigration Advocates Network and Idealware THE FIELD GUIDE TO SOFTWARE FOREWORD Welcome, The Field Guide to Software is a joint effort between the Immigration Advocates Network and Idealware. Through straightforward overviews, it helps pinpoint the types of software that might be useful for the needs of nonprofit immigration advocates, organizers, and service providers and provides user- friendly summaries to demystify the possible options. It covers tried-and-true and emerging tools and technolgies, and best practices and specific aspects of nonprofit software. There’s also a section to guide you through the sometimes daunting process of choosing and implementing software. We know you have your hands full and don’t always have time to keep up with the latest information about the software that can help your organization. That’s where this guide can help. Thank you for all you do to make the world a better place. We hope this Field Guide will help you do it all just a little more easily. Matthew Burnett Karen Graham Director, Executive Director, Immigration Advocates Network Idealware iii THE FIELD GUIDE TO SOFTWARE TABLE OF CONTENTS TABLE 1. Introduction 7 • Understanding What You Need 8 • Every Organization Needs 10 2. Case Studies: Putting Tools to Use 13 • Using Technology to Expand Legal Services: Ayuda Delaware 14 • A Holistic Approach to Serving Immigrants: Benevolent Charities of Oklahoma 17 • Giving Voice to Immigrants: Idaho Coalition for Immigrants and Refugees 20 3.
    [Show full text]
  • Tihen Notes from 1971 Eagle-Beacon, P
    WICHITA STATE UNIVERSITY LIBRARIES’ DEPARTMENT OF SPECIAL COLLECTIONS Tihen Notes from 1971 Eagle-Beacon, p. 1 Dr. Edward N. Tihen (1924-1991) was an avid reader and researcher of Wichita newspapers. His notes from Wichita newspapers -- the “Tihen Notes,” as we call them -- provide an excellent starting point for further research. They present brief synopses of newspaper articles, identify the newspaper -- Eagle, Beacon or Eagle-Beacon -- in which the stories first appeared, and give exact references to the pages on which the articles are found. Microfilmed copies of these newspapers are available at the Wichita State University Libraries, the Wichita Public Library, or by interlibrary loan from the Kansas State Historical Society. TIHEN NOTES FROM 1971 WICHITA EAGLE-BEACON Wichita Eagle-Beacon Saturday, January 2, 1971 page 4B. Report of death yesterday of Kenneth W. Pringle, Sr., 79, 1102 North Ridgewood. Born January 20,1891 in Harveyville, Kansas. Came to Wichita from Alma, Kansas and was Wichita city attorney from 1931 to 1945. Survived by wife, CeCile L., a son, Kenneth W. Pringle, Jr., of Wichita, and two daughters, Mrs. Mary Alice Morozzo and Mrs. Helen Maxine Parzybok, both of Wichita. Photo. Entombment at Mission Chapel Mausoleum. Sunday, January 3, 1971 page 1B, 4B. Calendar of major events in Wichita in 1970: January 5: Board of education approved plan for integration which included closing of Dunbar and L’Ouverture schools and busing of about 2000 black children to other schools over the city. January 26: Park Board and Wichita Aeros agreed on terms for Lawrence Stadium leasing in 1971. February 5: Wichita police put their helicopter into service.
    [Show full text]
  • Business Outside the Box: Tools & Resources for Generating Business Income During Covid-19 with New Mexico Mainstreet
    BUSINESS OUTSIDE THE BOX: TOOLS & RESOURCES FOR GENERATING BUSINESS INCOME DURING COVID-19 WITH NEW MEXICO MAINSTREET April 16, 2020 Presented by NMMS Revitalization Specialists: Amy M. Barnhart, Preservation & Non-Profit Resource Development Robyne Beaubien, Promotion & Image Development NEW MEXICO MAINSTREET Engage People • Rebuild Places • Revitalize Economies New Mexico MainStreet is an asset based community economic development program. The program’s core objective is downtown revitalization and redevelopment • NM MainStreet Districts (30) • Arts & Cultural Districts (12) • Frontier & Native American Communities (28) • Historic Theaters (8) BUSINESS OUTSIDE THE BOX: TOOLS & RESOURCES FOR GENERATING BUSINESS INCOME DURING COVID-19 WITH NEW MEXICO MAINSTREET April 16, 2020 Presented by NMMS Revitalization Specialists: Amy M. Barnhart, Preservation & Non-Profit Resource Development Robyne Beaubien, Promotion & Image Development USING FACEBOOK TO SELL PRODUCTS Robyne Beaubien, NMMS Promotion & Image Development FACEBOOK TOOLS Using your FB business page to sell Using FB groups to sell Using FB live/events for showcasing & selling Using FB to sell gift cards Check out FB Blueprint for help with your business page https://www.facebook.com/business/learn FACEBOOK BUSINESS PAGE RESTAURANTS FB GROUPS TIPS FOR SALES ON BUSINESS PAGES & GROUPS Post pictures of items for sale with prices, first come, first serve via comments Post pictures of items for sale and have customers message for pricing Post items and link to an Etsy shop Do contests Cross promote on Instagram Use video, live stream, and virtual events FB LIVE, VIDEOS, AND VIRTUAL EVENTS • Record a short video highlighting your business products or services • Create a Live Event and invite people to attend To support small business owners, Raton MainStreet, the Center for Community Innovation and Raton Cash Mob invite you to participate in a series of Virtual Cash Mobs!” What is a Cash Mob? A cash mob is a group of people coordinated to meet and spend money at a local, independent business at a particular time.
    [Show full text]
  • Circumnavigating Traditional Finance CROWDFUNDING
    Circumnavigating Traditional Finance CROWDFUNDING Crowdfunding Presentation | Chris Fodor | Vienna | June 17, 2019 PART 1 Introduction What is crowdfunding? A financing method whereby money-seekers can find funding from money-givers via an electronic platform (website). Crowdfunding Presentation | Chris Fodor | Vienna | June 17, 2019 PART 1 Introduction Meet the project that raised +$250 million Crowdfunding Presentation | Chris Fodor | Vienna | June 17, 2019 PART 1 Introduction Indeed gaming is a hot category for crowdfunding Star Citizen video game Launched on Kickstarter in 2012. Over the years raised over $250 million. Not bad, eh? Crowdfunding Presentation | Chris Fodor | Vienna | June 17, 2019 PART 1 Introduction But you also get brilliant ideas such as this... Hare-brained ideas? Do not reach their funding goals, or are suspended by the platform owners. Shown here: Paul, the sexiest smartphone charger on the planet… raised only $2,160 out of target $8,000. Crowdfunding Presentation | Chris Fodor | Vienna | June 17, 2019 PART 1 Introduction Dulcis in fondo... Crowdfunding Presentation | Chris Fodor | Vienna | June 17, 2019 PART 1 Introduction The platform links the seekers and the givers Crowdfunding Presentation | Chris Fodor | Vienna | June 17, 2019 PART 1 Introduction In crowdfinance, two planets co-habit ▸ ▸ ▸ ▸ Donations: the majority of “raises”. No reimbursement required. Often in-kind gifts (called rewards). Examples: Indiegogo, KickStarter, etc. ▸ Loans: crowdlending; still the minority, but growing. Money-givers are reimbursed for their loans, sometimes even with interest. Examples: Conda, Kiva, etc. Crowdfunding Presentation | Chris Fodor | Vienna | June 17, 2019 PART 1 Introduction An old concept, revived by the Internet Pre-Internet: books via subscription plans; war bonds; Auguste Comte Internet era 1997 - Music - Marillion tour - $60,000 1997 - Film - Mark Kines - $125,000 2002 - Software - Free Blender graphics - Euro 100,000 Companies launched: 2001 - ArtistShare; 2005 - Kiva; 2008 - IndieGoGo; 2009 - KickStarter; 2019 - GoFundMe, etc.
    [Show full text]
  • The Kiva Rochester Team Presents: a Guide to Kiva Rochester Small Business Loans a Guide to Kiva Rochester Small Business Loans
    The Kiva Rochester Team presents: A Guide to Kiva Rochester Small Business Loans A Guide to Kiva Rochester Small Business Loans Mayor's Office of Community Wealth Building City Hall 30 Church Street Room 221B Rochester, NY 14614 For More Information Like: facebook.com/KivaRoc Follow: instagram.com/kivaroc Email: [email protected] Visit: cityofrochester.gov/KivaRoc https://www.kivaushub.org/rochester Visit: kiva.org/borrow Table of Contents Page 1-10 General Information Page 11-24 The Kiva Application Page 25-34 Fundraising & Repaying Page 35-39 Resources Dear Rochester Entrepreneurs, In 2016, I started the Kiva Rochester program with one objective: to give more Rochesterians a shot at the American Dream. I am working to ensure that every resident has the opportunity to better their lives through entrepreneurship. However, I know that many entrepreneurs are unable to access capital from banks, creating barriers for people to pursue their dreams of business ownership. Kiva Rochester is increasing opportunities for business ownership by providing local entrepreneurs with access to Kiva’s 0% interest crowdfunded loans of up to $10,000. The program is paving the way for residents in every corner of our city to launch and grow their businesses and to become employers, not just employees. The City is committed to ensuring that all aspiring entrepreneurs in Rochester have the opportunity to succeed and to access the working capital they need. So far, over $700,000 has been invested into 100+ small businesses right here in the city of Rochester. These businesses are transforming our neighborhoods, creating jobs, and making Rochester a more dynamic city.
    [Show full text]